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Please answer both questions. Question 1 (2 points) 1. Under which set of rules must the equity method of accounting be applied to investment between

Please answer both questions.

Question 1 (2 points) 1. Under which set of rules must the equity method of accounting be applied to investment between 20% and 50%? C. Both A and B B. IFRS A. US GAAP Question 5 (2 points) 5. Under which category for investments in bonds is it no longer necessary to calculate the amortized cost of the bonds? B. Available for sale D. Amortized cost must continue to be calculated for all bond investments C. Trading O A. Held to maturity

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